Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (61005)	2/28/2000 8:18:00 AM
From: SargeK	Read Replies (1) of 95453

O/T Slider: Here is some more FGH Spamorama! (Must reading for the uninformed) Slider: "...there is simply - ZERO - buying support, or Institutional buying interest in FGH - within tic's of $5 stinkin bucks." AND "If not now, when ? - maybe they are waiting for $3 as well Sluggo" Message 12960691 This chart (thru 12/31/99) shows increasing Institutional NET PURCHASES! Latest Qtr Previous Qtr 2 Qtrs Ago 3 Qtrs Ago % Inst Owned: 29.1% 17.2% 14.6% 14.1% Shrs Bought: 3,244,148 846,931 589,771 Shrs Sold: 461,528 251,958 456,872 Net Bought(Sold)2,782,620 594,973 132,899 # Inst Owning: 56 28 28 26 # Buyers: 52 15 17 # Seller: 6 6 10 Net Buyers/ 46 9 7 (Sellers): insidertrader.com Comment: It appears while the Mouth has been persuading FGH investors to sell (at just the wrong time); The "Smart Money" has been marching to a different BEAT! The chart clearly shows HEAVY Institutional Buying/Accumulation. If someone has more current data, POST IT! Have a good day little "Spammer" >VBG< SargeK Note: I don't know why the formatting screwed up. Go to the link and enter FGH. More information is available including Institutional investors.

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